CashAdvance.com strives continually to ensure consumer protection by providing the knowledge and resources necessary for consumers to make informed financial decisions.
Dallas, Texas (PRWEB) November 28, 2011
Cash advances have long served as an extremely useful means for Texas consumers to resolve short-term financial difficulties, but many residents are unsure of how to go about obtaining a legitimate payday loan. The laws and regulations are hard to understand and it is equally difficult to find a lender that is legitimate and reputable. In too many cases, the consumer’s fear of the unknown processes and legalities eliminates a payday loan as a safe and simple solution to running low on immediate funds in times of need. In an effort to offer residents peace of mind and confidence in the short-term loan industry, the loan experts at CashAdvance.com have created the Texas Loan Process page within a comprehensive Texas Consumer Resource Center.
“CashAdvance.com strives continually to ensure consumer protection by providing the knowledge and resources necessary for consumers to make informed financial decisions,” says CashAdvance.com spokesperson Hanna Wellman. “The Loan Process page is a wealth of information arming consumers with the knowledge necessary to preserve their rights and providing recourse to regulatory agencies capable of remedying fraudulent lending practices.”
Texas residents will learn that the Texas Office of the Consumer Credit Commissioner (OCCC) has issued a standard procedure for all lenders wishing to process a payday loan. Residents simply need to provide answers to a few standard questions and the loan process can begin. The information can be submitted online, via phone or in person, but consumers are informed that applying in person can make the process even faster. Upon completion of the application process and the approval of the request, residents will receive funds almost immediately in the form of a direct deposit.
While at the CashAdvance.com Texas Loan Process page, residents can also take a moment to visit the other sections of the Texas Consumer Resource Center and learn about the laws governing short-term loans, and the consumer protections available in the state, as well as the responsibilities of both the lenders and the borrowers in the State of Texas. With all of this information available in one location, consumers will be able to make wise financial choices. According to leading CashAdvance.com financial news expert Adam Hilliard, "Our Texas Consumer Protection page will dispel any misconceptions or uncertainty surrounding the cash advance process in Texas, equip you with practical advice for averting financial crisis, answer your myriad loan questions, and ultimately guide you on the road to taking control of your financial future."